The loan of the rural commercial bank is not enough to stop paying wages. The bank loan has not been repaid and has been sued by the court, and the salary card will be frozen. When the lawsuit enters the execution stage, the borrower's assets will be frozen, which may not only freeze your salary card, but also freeze your other bank deposits. If a public official refuses to repay the loan, the relevant department will take the measures of "three stops and five noes", and his salary will be withheld by the relevant department every month to repay the loan of the rural commercial bank until the principal and interest of the loan are paid off and recovered according to law.

Harm of non-repayment of loans

When signing a loan contract, some regulations are generally made for loans overdue. If the loan contract is overdue, there will generally be a penalty interest. For different financial institutions, the amount of penalty interest and the interest generated are different. However, as an expense that should not be spent, it is better not to generate it.

Don't underestimate this. Once in loans overdue, the bank will report your overdue records to the central bank's credit information system. Once the record is generated, your personal credit report will be defiled. This little stain will form a great resistance to your future loan and credit card application. Borrowers can't lose big because of small.